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Not Even Binance Is Safe: 7000 BTC Hack Highlights Risk of Exchange Wallets
There exist slamming reports after slamming reports of hackers stealing billions from exchanges, yet users still opt for convenience over security. Maybe now that powerhouse Binance has become the latest target of a 7000 BTC hack, users will finally wake up. дальше »
2019-5-8 12:00 | |
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Bitcoin worth $73 million debited from Bitfinex’s cold wallet; Bitfinex’s tangle with NYAG turns out to be expensive
Every move by Bitfinex is being analyzed and dissected by the crypto community due to NYAG’s case on the former. One might speculate that this might be costing Bitfinex millions. Bitfinex’s cold wallet debited 12,511 BTCs at 15:11 UTC on May 07. дальше »
2019-5-8 20:00 | |
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Bitcoin Is the Best Performing Major Asset Class so Far in 2019
Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […] Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-5-7 13:59 | |
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PR9 Network Launches Institutional Trading Platform for Assets Stored in Cold Wallets
The PR9 Network has launched a real-time trading and settlement platform for digital assets stored on cold storage wallets. Essentially, institutional clients will be able to trade in a variety of crypto assets, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin without having to move their asset holdings held in their preferred hardware crypto […] дальше »
2019-5-5 00:23 | |
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Bitfinex’s cold wallet balances deplete rapidly; are users pulling out of Bitfinex?
Bitfinex and Tether’s lawsuit resulted in revelations that could have a massive impact on the crypto-community. More information seems to be coming to light. The cold wallet balances of Bitfinex are depleting rapidly as pointed out by Mati Greenspan, a senior market analyst at eToro and a Bitcoin Maximalist. дальше »
2019-5-4 12:00 | |
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Bitfinex Investigation Causes 50% Drop in Exchange’s Ethereum Cold Storage Wallet
One of the leading crypto exchange platforms, Bitfinex, had about 50% drop in its available Ethereum (ETH), that was held in cold offline storage. This drop was made known by Andrew Rennhack, a Twitter user, who said that the account had only about 1. дальше »
2019-5-4 01:43 | |
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VeKey by VeChain is a Multi-Signature Hardware and Software Solution for Private Key Management
Ever since the QuadrigaCX case opened up to the public, the risks of blockchain technology are becoming a huge topic for conversation around cryptocurrency circles. The loss of over $190 million USD of users’ funds due to the lack of a private key to the cold wallet storage highlights these types of risks a blockchain […] дальше »
2019-5-3 20:38 | |
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PR9 Network launches cold storage platform for trading blockchain assets
CryptoNinjas The PR9 Network (PR9) has unveiled its real-time institutional trading and settlement platform for blockchain-based assets held in cold storage. The network will allow clients’ assets to remain in cold storage with their preferred custodian, while providing them with a mirror balance to buy, sell and. дальше »
2019-5-3 16:33 | |
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Remarkably Basic Scam Nets Criminals $2 Million in Bitcoin and Other Assets
According to the New York Police Department, the number of people duped out of Bitcoin and other assets thanks to a telephone scam has soared in 2019. It estimates that a massive $2 million has been fraudulently obtained from residents of the city. дальше »
2019-5-3 02:00 | |
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Rocket League: Epic Buyout Likely Means It’s Game Over for Steam Users
By CCN: Epic Games is buying Psyonix, and to say that many in the Rocket League community are unhappy is putting it woefully mildly. The Fortnite creator is desperate for exclusives to prop up its Epic Games Store against Steam. дальше »
2019-5-3 23:56 | |
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Bitfinex’s second move amounts to ~$67 million worth of Bitcoins, yet is still among top-5 richest wallets
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc. , withdrew more Bitcoin funds from its cold wallet. This was noted to be the second time the exchange withdrew BTC funds in just one week, with some speculating it to be a side-effect of the NY AG opening an investigation against the platform. дальше »
2019-5-1 22:30 | |
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‘BFX Tokens 2.0?’ Bitfinex Unthaws Another 12.8K BTC from its Cold Wallet
Bitfinex, an exchange that lost the second largest amount of bitcoin to date, has withdrawn an additional 12. 8k BTC from its cold wallet, latest data shows. Address Details The receiving address, (whose owner is unknown) has received smaller amounts of Bitcoin very recently. дальше »
2019-4-30 16:00 | |
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Bitfinex-Tether controversy: Binance’s CZ announces impending transfer of USDT funds to new cold wallet address
The New York Attorney General’s recent allegations suggested the involvement of Tether [USDT] and Bitfinex exchange in a conspiracy to hide the exchange’s loss of $850 million. While the ecosystem slowly recovers from the bearish market in the aftermath of the episode, Binance’s Changpeng Zhao informed his community of followers about an impending “large transaction”. дальше »
2019-4-30 11:30 | |
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Almost $350 million in BTC and ETH withdrawn from Bitfinex's cold wallets
The general attorney office of the State of New York accused Bitfinex of concealing the fact of losing $850 million of company's and customers' funds. After this information was published, approximately $350 million in bitcoins and Ethereum was withdrawn from Bitfinex's cold wallets. дальше »
2019-4-29 17:33 | |
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Bitfinex Saga Continues: 700,000 ETH and 17,000 BTC Moved from Cold Wallets
After the New York State Department of Financial Services (NYSDFS) accused Bitfinex of covering up to $850 million worth of losses with issued Tether, over 700,000 ether and 17,000 bitcoin have been moved out of recognized Bitfinex cold wallets. дальше »
2019-4-27 19:00 | |
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Dow Languishes as Abysmal Housing Data Threatens Market Recovery
By CCN: The Dow and broader U. S. stock market traded mixed on Monday, as disappointing housing data threw cold water on hopes that the real estate sector was finally turning a corner after last year’s slowdown. дальше »
2019-4-23 21:45 | |
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Japanese Regulators Tighten Exchange Security Standards
As Japan looks to leverage the digital asset space to bolster its economy, its regulators are tasked with minimizing the country’s risk exposure. Most recently, the nation’s financial regulator will require its crypto exchanges to increase oversight on “cold storage” or offline wallets. дальше »
2019-4-22 18:43 | |
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Sirin Labs Finney Review: Does This Crypto Smartphone Stand a Chance Against the Samsung Galaxy S10?
By CCN: The developers of the Sirin Labs Finney have created for themselves a monumental task. Not only do they desire to break into the fiercely-competitive smartphone market, but they also aim to spearhead cryptocurrency’s transformation from a niche curiosity into a mainstream financial instrument. дальше »
2019-4-21 22:00 | |
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Japan Ramps Up Scrutiny into Crypto Exchanges’ Cold Wallets
By CCN. com: Crypto exchanges are a straightforward place to keep cryptocurrency when trading. Cash out fees accrue less quickly, and trades can be made much faster than having to transfer currencies from another wallet. дальше »
2019-4-18 11:54 | |
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Reuters: Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets
Reuters reports that the Japanese FSA will require cryptocurrency exchanges to strengthen internal supervision of cold wallets
дальше »2019-4-19 03:06 | |
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FSA to Cryptocurrency Exchanges: Improve Your Cold Wallet Security Protocols
The Financial Services Agency (FSA) of Japan is mandating cryptocurrency exchanges in the country to enhance security features on their cold wallet storage, Reuters reports, April 16, 2019. This directive comes as security experts warn that internally-orchestrated exchange hacks are becoming a clear and present danger. дальше »
2019-4-17 21:00 | |
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Canadian Province Offers Low-Cost Energy For Bitcoin Mining via Cold Climate, Hydroelectric Power
Bitcoin miners in Canadian provinces which include British Columbia, Quebec, Manitoba, Alberta, and Labrador are enjoying the perks of low-cost energy incentives. The Canadian province fits perfectly to the needs of running a Bitcoin mining operation due to its cool climate and abundance of hydroelectric energy availability. The perfect mining condition is aided by the […] дальше »
2019-4-17 19:25 | |
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Japanese Regulators Want More Security For Cold Wallets
To better protect investors from theft and help spur economic growth in Japan, the country's Financial Services Agency will now require cryptocurrency exchanges to beef up cold wallet security. дальше »
2019-4-17 18:09 | |
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Cryptocurrency Regulations Improve in Australia, But Banks Are Still Showing Cold Shoulders
In Australia, there has recently been substantial debate over the regulations that need to govern cryptocurrency locally. This confusion ultimately led the authorities to issue clear regulations that would motivate growth of cryptocurrency, which much of the community was pleased with. дальше »
2019-4-14 21:57 | |
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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation
Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards. дальше »
2019-4-14 11:05 | |
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Coinbase Custody is putting its funds, and not the customers’ funds ‘at risk,’ says Head of Product
Sam McIngvale, Head of Product for Coinbase Custody, explained how the staking service on Coinbase works, in an interview with Laura Shin for Unchained Podcast. He spoke on the topic and clarified that cold storage solution refers to storing cryptos offline, while staking refers to actively participating in the network. дальше »
2019-4-13 17:30 | |
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem
Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server). дальше »
2019-4-12 22:03 | |
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Bittrex Goes on the Offensive After BitLicense Rejection
Bittrex, a United States–based cryptocurrency exchange platform, has issued a response to the recent setback in its plans to expand to New York. Yesterday, the New York State Department of Financial Services (NYDFS) rejected the exchange's BitLicense application, a requirement for offering crypto-based services to New Yorkers. дальше »
2019-4-12 19:57 | |
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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »
2019-4-2 21:54 | |
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AOC’s Green New Deal Obsession Leaves New Yorkers Out in the Cold
Freshman United States Rep. Alexandria Ocasio-Cortez is justifiably feeling the heat after comparing the government’s response to climate change to the September 11 terrorist attacks, but the gaffe has exposed a deeper truth: AOC’s obsession with the Green New Deal has left her New York constituents out in the cold. дальше »
2019-4-1 18:41 | |
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South Korea: Bithumb Exchange Hacked; EOS and XRP Worth Millions Stolen
South Korean cryptocurrency exchange Bithumb on March 30, 2019, announced that it recently observed “abnormal withdrawal” of crypto holdings from the company’s hot wallet, an incident its employees orchestrated the firm suspects. дальше »
2019-4-1 09:00 | |
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Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. дальше »
2019-3-31 20:30 | |
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$20 Million Bithumb Hack Exposes Alarming Threat to Bitcoin Exchanges
Bithumb, the largest bitcoin exchange in South Korea alongside Upbit, has been hacked for around $20 million. The company said that user funds stored in crypto cold storage wallets were not hacked, but corporate funds were moved. дальше »
2019-3-31 21:45 | |
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Andreas Antonopoulos Says QuadrigaCX Exemplifies Why Crypto Users Shouldn’t Trust Third Parties
Andreas Antonopoulos Says QuadrigaCX Shows Why Crypto Users Shouldn’t Trust Third Parties Earlier this year, the QuadrigaCX cryptocurrency exchange announced it went bankrupt because the owner of the platform, who handled the cold storage wallets, did not leave the private keys of the exchange. дальше »
2019-3-29 20:38 | |
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Biggest US Exchange Will Pay Institutional Investors Interest on ‘Staked’ Cryptocurrencies
Bitcoin exchange giant Coinbase is introducing a new space for investing by launching a program that offers institutional investors the option to earn interest on specific cryptocurrencies they hold. дальше »
2019-3-29 18:00 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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QuadrigaCX was the first exchange to hold cold storage insurance, claims exchange’s former lawyer
Christine Duhaime, a lawyer associated with Duhaime Law, the law firm once associated with the troubled QuadrigaCX, claimed that the late CEO Gerald Cotten shunned the “law and order folks”, i. дальше »
2019-3-29 11:30 | |
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Ex-QuadrigaCX Lawyer Exposes Bitcoin Exchange’s Descent into ‘Lawlessness’
By CCN. com: QuadrigaCX had a long and successful run as Canada’s top Bitcoin exchange. Former counsel to the exchange, Christine Duhaime, says in a blog post at Coindesk that the company was among the only exchanges to publicly publish audits or obtain cold storage insurance. дальше »
2019-3-29 23:40 | |
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Why I’m elated Apple Watch’s ECG feature is now available in Europe
When I first heard about the Apple Watch Series 4’s electrocardiogram (ECG) feature, I was sceptical. Tech companies meddling in healthcare leaves me feeling cold, you only have to look at the saga of Theranos to understand why. дальше »
2019-3-28 18:04 | |
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Another Hack Coincides with Ethereum (ETH) Price Drop, Back to $100?
Ethereum prices bearish and likely to sink below $135 Hackers wreak havoc at Dragon EX, steal user funds Transaction volumes low but could surge as bears retest key support levels Another exchange, Dragon EX, has been breached and user fund stolen demonstrating why it is imperative for assets to be stored at cold wallets away. дальше »
2019-3-27 21:00 | |
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Toronto Bitcoin Trader Tempts Fate, Loses $75,000 as QuadrigaCX Collapses
The QuadrigaCX failure has claimed another victim. More than 100,000 investors lost a combined $190 million in crypto as a result of the exchange’s comedy of errors that were exposed by the death of CEO Gerald Cotten. дальше »
2019-3-26 01:21 | |
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Vo1t announces Prime Account for interest bearing cryptocurrency deposits
CryptoNinjas Vo1t, a provider of military class cold storage custody on digital assets for institutions, with insurance protection on deposits from AON, announced today a no-fee cold storage account with a 3% yield on supported assets Bitcoin, Ether, Litecoin, Ether Classic, Bitcoin Cash. дальше »
2019-3-26 23:45 | |
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India’s Potential Crypto Regulatory Framework to Be Presented at the Supreme Court Shortly
India’s perspective on cryptocurrencies has been quite cold, especially on the central bank, the Reserve Bank of India’s (RBI) end. Bitcoin Exchange Guide (BEG) reported on multiple instances how they have been consistently shutting down the idea, to which native traders were getting frustrated. дальше »
2019-3-24 20:40 | |
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